Philippine Peso

Also found in: Dictionary/thesaurus, Acronyms, Wikipedia

0.01 sec.

Philippine Peso

The currency of the Philippines. While its origins date to 1852, the modern peso came into being following the independence of the Philippines in the 1940s. It was originally pegged to silver and gold, but overprinting and hoarding of currency caused it to become a floating currency in 1964. Since independence, the government of the Philippines has consistently devalued the peso in order to reduce the nation's debt in domestic terms. This has made it a weak currency.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Central Bank of the Philippines PHP			Take for example; you exchanged a 500USD amount to Philippine Peso while the current forex rate is 45. Forex Capital Markets by Cristian Stan / Banking, finance and accounting community 40 to the dollar while the Philippine peso hit a one-month low at 47. Dollar still firm as Asian currencies see profit taking by Financial Mirror (Cyprus) Many if not all of us use high-street bank to switch money between currencies, perhaps to buy property abroad or because we work overseas and want to convert their earnings into sterling or Indian rupees or Euros and even Philippine pesos. Save on Your Foreign Exchange and Avoid Hefty Bank Fees by Khaleej Times (Dubai, United Arab Emirates)			Petty Cash Fund PF Pfandbriefe Pfennig PG PGK PH Phantom Gain Phantom Gains phantom income Phantom Stock Award Phantom Stock Plan Phantom Withdrawal Phase descendante Phase I Environmental Site Assessment Phase II Environmental Site Assessment Phase III Environmental Site Assessment phase out Phase space Philadelphia Board of Trade Philadelphia Federal Index Philadelphia Semiconductor Index Philadelphia Stock Exchange Philanthropist Philanthropy Philippine Peso Philippine Stock Exchange Phillips Curve Phishing PHLX Phone Switching PHP Physical Asset Physical commodity Physical Completion Physical Custody Physical Delivery physical depreciation or deterioration Physical Hazard physical life physical obsolescence Physical Option Physical Verification Pianificazione centrale Piano pensionistico con contributi Piastre Piazza finanziaria PIBOR Picking Winners Pickup Pickup Bond			Philippine Nikkei-Jin Kai Philippine Normal College Philippine Normal University Philippine Nuclear Research Institute Philippine Nurses Association Hawaii Philippine Nurses Association Inc. Philippine Nurses Association of America Philippine Nurses Association of Arizona, Inc. Philippine Nurses Association of Metropolitan Houston Philippine Nurses Association of New Jersey Philippine Nurses Association of San Diego Philippine Nurses Association of Southern California Philippine Nurses Society Philippine Nursing Licensure Exam Philippine Obstetrical and Gynecological Society Philippine Ocular Inflammation Society Philippine Olympic Committee Philippine Out-of-School Children and Youth Development Philippine Overseas Employment Administration Philippine Overseas Employment Agency Philippine Overseas Employment Authority Philippine Overseas Entertainment Industry Philippine Paramedical and Technical School Philippine Pasay Chung Hua Academy Philippine Peso Philippine peso (piso) Philippine peso (piso) Philippine Physical Therapy Association, Inc. Philippine Pilgrimage Authority Philippine piso Philippine piso Philippine Plan of Action for Nutrition Philippine Political Science Journal Philippine Population Management Program Philippine Ports Authority Philippine Postal Corporation Philippine Postal Savings Bank, Inc. Philippine Practical Shooting Association Philippine Printing House for the Blind Philippine Printing Technical Foundation, Inc. Philippine Product Safety and Quality Foundation Philippine Professional Boxing League Philippine Professional Dance Sport Association Philippine Public School Teachers Association Philippine Quality and Productivity Movement Philippine Rabbit Bus Lines, Inc. Philippine Racing Club, Inc. Philippine Racing Commission Philippine Ragnarok Online Philippine Refining Company Philippine Refugee Processing Center

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.